News & Events

The Microfinance CEO Working Group (MCWG), the Smart Campaign, and AMFIU sucessfully held a conference on 17 and 18, January 2017 under the theme Committing to Action: Accelerating Financial Inclusion through Partnership in Uganda. It took place at the City Royal Resort Hotel in Kampala, Uganda.

This conference served as a unique opportunity to convene Uganda’s top financial inclusion stakeholders and experts and discuss ways in which we can commit to accelerating financial inclusion and consumer protection in the country.

Research is a vital activity of AMFIU and the organization tries to generate relevant, up-to-date and meaningful information to support sector growth. Recently, AMFIU published a report on a study on client over-indebtedness among microfinance institutions that are not regulated. The topic was the major study area demanded by members of AMFIU during the member satisfaction survey. The problem has been viewed as escalating in the sector.

AMFIU in collaboration with GIZ recently organized a refresher training workshop for HIV peer educators. This follows a survey conducted among AMFIU members regarding the implementation of HIV-related activities in their institutions. The workshop brought together focal persons for HIV-related questions and the people, who could fill that position in the future.

AMFIU hosted the Minister of State for Microfinance, Hon. Kyeyune Haruna Kasolo, at AMFIU office. During the visit the minister met AMFIU members to sensitize them about the Tier 4 Microfinance Institutions and Money Lenders Act 2016 that was signed by the President. In his address he cautioned microfinance institutions and SACCOs from over charging their clients. “Some of you have opted to cheat your own clients by charging high interest rates and other charges that are not declared at the time of borrowing”